Wealth managers can now introduce more of their end-investors to the world of private investments through a newly-launched institutional service on digital securities exchange ADDX. Corporate treasuries and family offices can also take part in the space via a corporate service to diversify their portfolios through private market products. Both services fall under a new ... Read more ›
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Sky Mavis, the creator of the category-defining NFT title Axie Infinity, announced the global Early Access release of Axie Infinity: Origin (Battles v3) via Mavis Hub, Sky Mavis’ distribution platform. With over 1.5 million daily active users, Axie Infinity is an NFT game where players battle, collect, and trade digital pets called Axies. Through the ... Read more ›
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CrediBook, a Y Combinator-backed Indonesian startup that provides bookkeeping app for SMEs, announced raising $8.1 million in Series A funding led by Singapore investor Monk’s Hill Ventures. Existing investors such as Insignia Ventures Partners and Wavemaker Partners also participated in the funding round that followed a $1.5 million pre-Series A funding in January 2021. CrediBook ... Read more ›
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Crypto staking provider RockX announced that it has raised $6 million in a Series A funding round anchored by Amber Group, a global digital asset platform. The funding round, which raised RockX’s valuation to $30 million, was also participated by other prominent crypto industry leaders including Matrixport, Primitive Ventures, FBG Capital, Draper Dragon, IMO Ventures, ... Read more ›
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PDAX, one of the Philippines’ leading regulated and licensed digital asset exchanges, has launched PAX Prime, a new exclusive service dedicated to sophisticated Filipino crypto investors and their growing needs in the dawn of digital assets. This new move is part of the company’s broader effort to enable and empower crypto holders in the Philippines ... Read more ›
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Indian FinTech unicorn Pine Labs has received $50 million in funding from a London-based private equity giant Virtruvian Partners. Pine Labs provides payment services for retailers’ in-store and internet channels. It also offers analytics and consumer interaction services such as loyalty, incentives, and cashback. With this latest funding, the firm’s valuation has soared to US$5 ... Read more ›
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Norwest Venture Partners led a $75 million Series C round of fundraising for Indian social commerce startup, CityMall. The group-buying platform intends to upgrade people living in Tier-II and beyond to online buying. This is CityMall’s third fundraise in the last 1.5 years. Formed in 2019 by Angad Kikla and Naisheel Verdhan, the startup has ... Read more ›
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Builder.ai, an AI-powered low-code/no-code app development platform, announced raising $100 million in its Series C funding round led by global venture capital and private equity firm Insight Partners. The round, which brings the company’s total funding to $195 million across three total rounds, includes participation from existing investors such as Singapore based Jungle Ventures in ... Read more ›
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Kickstart Ventures, one of the most active venture capital firms in the Philippines, celebrates its 10th anniversary with a renewed commitment to invest in startups across the Philippines, and in major innovation hubs in Southeast Asia and beyond. The Philippine-based corporate venture capital firm also reveals a new bold look in line with its anniversary. ... Read more ›
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Philippine-based wealth management platform Seedbox Technologies announced that it raised $6 million in its latest funding round backed by SBI Ventures and Philippine Equity Partners. The new funding will support Seedbox’s rapid growth and allow the company to scale its operations with investments in upgrading its technology platform, enhancing its product suite, and expanding its ... Read more ›
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Qure.ai, an Indian healthtech business that employs artificial intelligence for medical imaging diagnostics, has raised US$40 million in a series C fundraising round headed by Novo Holdings and HealthQuad, with current investor MassMutual Ventures participating. The funds will be used to expand the startup’s worldwide reach and to accelerate product development for critical care and ... Read more ›
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Philippines-based B2B e-commerce platform GrowSari which is backed by Tencent and private equity major KKR, has raised $77.5 million in its Series C financing round to fuel its expansion plans across the country. The funding round was led by KKR and backed by the International Finance Corporation (IFC) and Pavilion Capital of Singapore’s Temasek Group, ... Read more ›
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Amagi, a Bengaluru-based SaaS platform that allows TV networks and content owners to distribute and monetize content across multiple platforms, became a unicorn in March 2022 after raising $95 million funding. Srividhya Srinivasan, Baskar Subramanian, and Srinivasan KA set out in 2008 to revolutionize global content distribution and monetize the media sector. After their previous ... Read more ›
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Oxyzo Financial Solutions Pvt Ltd, OfBusiness’ finance arm, has become a unicorn after receiving $200 million in a Series A funding round. The financing round was led by Alpha Wave with Tiger Global Management, Norwest Venture Partners, Matrix Partners, and Creation Investments joining as co-investors. Oxyzo began as the finance platform of the OfBusiness Group, ... Read more ›
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Bangladeshi edtech startup Shikho, a company dedicated to making high-quality education accessible and affordable, today announced it has raised $4 million in new seed funding. This is in addition to the $1.3 million it raised in August 2021, bringing its total round to $5.3 million, the largest seed funding a Bangladeshi startup has raised to ... Read more ›
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Philippine-based B2B E-commerce startup GrowSari has completed a raise of $77.5 million as part of its Series C funding, bringing the total funding to around $110 million, the largest raise in the B2B and MSME space in the Philippines and amongst the largest in the region. Growsari plans to leverage funding to accelerate its national ... Read more ›
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TipTip, a one-stop platform for content creators across Southeast Asia, today announced that it has secured US$ 10 million in the seed funding round, marking one of the biggest seed rounds ever. This funding was led by East Ventures, with the participation from Vertex, EMTEK, SMDV, and prominent family offices. TipTip was founded by Albert ... Read more ›
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Ampverse, a Singapore-based esports startup with offices throughout Southeast Asia and India, announced that it raised $12 million in a Series A funding round led by global investment fund Falcon Capital. The startup said the fundraise was the largest to date of any esports organisation in Southeast Asia. The fresh capital will allow Ampverse’s expansion ... Read more ›
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India-based FinTech startup Stack Finance offers customized investment strategies for retail investors based on their goals and risk-taking capabilities. With over a year of experience working at Citibank, NIT-Bhopal graduate Smriti Tomar confirmed what she already knew: it takes a long time to innovate at large corporations. Smriti explains, “There’s a full-fledged protocol that they ... Read more ›
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Tea, a Puerto Rico-based business developing an open-source blockchain software platform, has secured US$8 million in a seed fundraising round headed by Binance Labs, Binance’s venture capital and innovation incubator. The new funds will recruit more people to continue working on the protocol, software, and community development. Tea co-founder and CEO Max Howell built Homebrew ... Read more ›
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Tech Wire Asia
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30% 24 |
Business Insider
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27% 1 |
CNET
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8% 3 |
Eurogamer.net
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5% 1 |
Android Authority
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4% 1 |
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28.11.2024 15:40
Last update: 15:31 EDT.
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